Charles Schwab Investment Management Inc. Buys 15,503 Shares of Invesco Mortgage Capital Inc. (NYSE:IVR)

Charles Schwab Investment Management Inc. boosted its stake in Invesco Mortgage Capital Inc. (NYSE:IVR) by 3.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 427,296 shares of the real estate investment trust’s stock after purchasing an additional 15,503 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 0.70% of Invesco Mortgage Capital worth $4,012,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in Invesco Mortgage Capital in the 2nd quarter worth about $26,000. Headlands Technologies LLC purchased a new stake in shares of Invesco Mortgage Capital in the 2nd quarter valued at about $33,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of Invesco Mortgage Capital by 36.0% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,162 shares of the real estate investment trust’s stock valued at $105,000 after acquiring an additional 2,955 shares in the last quarter. Intech Investment Management LLC purchased a new stake in shares of Invesco Mortgage Capital in the 3rd quarter valued at about $121,000. Finally, Aigen Investment Management LP purchased a new stake in shares of Invesco Mortgage Capital in the 3rd quarter valued at about $134,000. Institutional investors own 40.54% of the company’s stock.

Invesco Mortgage Capital Price Performance

Shares of Invesco Mortgage Capital stock opened at $8.48 on Friday. The business’s 50 day simple moving average is $8.37 and its two-hundred day simple moving average is $8.81. The stock has a market capitalization of $514.99 million, a P/E ratio of 7.07 and a beta of 1.89. Invesco Mortgage Capital Inc. has a one year low of $7.60 and a one year high of $9.97.

Invesco Mortgage Capital (NYSE:IVR) last issued its quarterly earnings data on Tuesday, November 5th. The real estate investment trust reported $0.68 earnings per share for the quarter, missing analysts’ consensus estimates of $0.79 by ($0.11). The business had revenue of $73.83 million during the quarter, compared to the consensus estimate of $12.38 million. Invesco Mortgage Capital had a return on equity of 36.90% and a net margin of 30.67%. During the same quarter in the prior year, the business posted $1.51 earnings per share. Sell-side analysts expect that Invesco Mortgage Capital Inc. will post 3.06 earnings per share for the current fiscal year.

Invesco Mortgage Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 25th. Investors of record on Monday, October 7th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, October 7th. This represents a $1.60 annualized dividend and a dividend yield of 18.87%. Invesco Mortgage Capital’s dividend payout ratio is presently 133.33%.

Analyst Ratings Changes

IVR has been the topic of a number of research reports. StockNews.com raised Invesco Mortgage Capital from a “sell” rating to a “hold” rating in a report on Monday, October 7th. JMP Securities reaffirmed a “market perform” rating on shares of Invesco Mortgage Capital in a research note on Wednesday, August 28th.

About Invesco Mortgage Capital

Invesco Mortgage Capital Inc operates as a real estate investment trust (REIT) that invests, finances, and manages mortgage-backed securities and other mortgage-related assets in the United States. It invests in residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS) that are guaranteed by a U.S.